Financial Analyst 3 - Full-Time - Miami, FL
University of Miami · Miami, FL · 1 mo ago
FinanceFull-time
Core Job Summary
The Financial Analyst 3 examines financial status of the organization by collecting, monitoring, and studying data, and develops projections, reports, and presentations to assist senior managing staff in their financial decision-making process. Moreover, the incumbent establishes and enforces policies and procedures that further department’s financial goals and objectives.
Core Job Functions
- Develops, prepares and coordinates documentation of financial analysis projects such as budgets, forecasts, projections, expense performance, and presentations.
- Identifies trends and developments in competitive environments and makes recommendations to senior management.
- Provides analytical evaluation for forward-looking financial or business-related projects.
- Devises financial forecasting and reconciliation of accounts.
- Reviews reports and ensures that financial information has been recorded accurately.
- Makes recommendations for adjustments based on comparisons of results with plans and forecasts.
- Trains and oversees junior staff members to ensure accuracy and efficiency in end work product.
- Aids in the development and organization of department and project budgets.
- Designs and builds various models that summarize several different scenarios around growth and expansion initiatives or opportunities.
- Develops performance and productivity dashboards, models or analyses.
- Determines profitability and pricing on product offerings and develops performance indicators to enable the analysis of business segments and new product lines.
- Conducts research on different strategic initiatives.
- Acts as liaison to other departments, vendors, and other external parties to complete assignments.
- Adheres to University and unit-level policies and procedures and safeguards University assets.
Specific Duties Related to the Department of Urology
- Responsible for fiscal year-end close activities for assigned accounts and departments.
- Prepares journal entries, payroll accounting adjustments, and related financial transactions as needed.
- Assists department leadership with ad hoc reporting, financial analyses, and special projects.
- Manages provider performance reports, productivity scorecards, and operational analytics.
- Performs audits and prepares reports related to medical charges, collections, payments, reimbursement trends, and year-over-year performance analyses.
- Extracts and analyzes Epic data for provider case logs, CPT coding analysis, billing reviews, and operational reporting.
- Performs reconciliations and audits related to medication orders, billing activity, and charge capture processes.
- Supports departmental leadership with additional financial, operational, and analytical tasks as assigned.
- Ensures compliance with university, departmental, and healthcare regulatory policies and procedures while safeguarding institutional assets.
Core Qualifications
- Bachelor’s degree required.
- Minimum 5 years of experience in healthcare setting.
- A demonstrated ability to quickly learn new procedures, technologies, systems, and protocols while adapting to changing priorities and operational demands.
- Ability to work collaboratively in a team-oriented environment while also managing assignments independently with minimal supervision.
- Advanced proficiency in Microsoft Office Suite, particularly Excel, as well as Power BI, Epic, and other financial and reporting applications.
- Strong analytical, organizational, and problem-solving skills with the ability to interpret complex financial and operational data.
- Excellent verbal and written communication skills, with the ability to effectively communicate financial information to leadership and cross-functional teams.
- Strong interpersonal skills with the ability to build and maintain effective working relationships across departments.
- Highly detail-oriented with a strong commitment to accuracy, quality, and data integrity.
- Prior proven ability to manage multiple priorities, meet strict deadlines, and produce high-quality work in a fast-paced environment.
- Results-driven, resourceful, and proactive in identifying process improvements and operational efficiencies.
Benefits
The University of Miami offers competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more.
About the Role
The Urology Department at the University of Miami Health System is seeking a full-time Financial Analyst 3 work on-site in Miami, FL.